We proud on ourselves as Leesburg Florida’s #1 First Time Home Buyer loan lender. We are helping borrowers in Leesburg Florida to qualify for the best First Time Home Buyer loan to meet their borrowing requirements. Some First Time Home Buyer loan programs in Leesburg Florida are backed by the Federal Housing Administration (FHA). These popular first time homebuyer loans require lower minimum credit scores and down payments to make it easier to qualify.
First Time Home Buyer Leesburg Florida
CambridgeHomeLoan.com has a number of First time home buyer loan programs from simple W2 employees to full 2 year tax returns, self employed loans, Non QM loans and more with low down payments and fees. Contact us today to craft the loan that best fits your needs. Some qualifications below.
FHA First Time Home Buyer and HomeReady Program Terms
- A credit score of at least 580 for a 3% down home loan
- A credit score of 500 to 579 for a 10% down payment
- FHA loan with 3.5% down payment requirement
- Mortgage insurance that is offset due to lower FHA interest rates than a conventional loan.
- FHA Debt to income ratio of 50% or less
Qualify for a 3% down Home Loan in Leesburg Florida. Use this application to pre-qualify and start shopping for your new home in Leesburg Florida today! Purchase, Refinance, Cash Out Refinance.
According to an announcement by the FHA the loan limit for 2022 will be $420,680 for most of the country. The 2022 FHA loan limit for the high cost areas will be $970,800.
Contact us to find out what the loan limits in the county you would like to purchase in. Call now 800-826-5077.
Prequalify now to see how much of Loan you can qualify for.
Benefits of Being A First Time Home Buyer In Leesburg Florida
Leesburg is a city in Lake County, Florida, United States. The population was 20,117 at the 2010 census. As of 2019, the population recorded by the U.S. Census Bureau was 23,671. Leesburg is in central Florida, between Lake Harris and Lake Griffin, at the head of the Ocklawaha River system.
Schools in and around Leesburg
Leesburg Elementary School
2229 South St · +1 352-365-6308
Leesburg High School
1401 Yellow Jacket Way · +1 352-787-5047
2020 Tally Rd · +1 352-315-7890
Things To Do In and Around Leesburg Florida
- Lake Griffin State Park (Campgrounds, nature trails & kayaking)
- Lake Harris (Waterside homes, boating & fishing)
- Lake Griffin (Lake, fishing, alligators and bass fishing)
- Lake Dora (Lake, alligators, canal, boating and fishing)
- Lake Eustis (Lake popular for sailing & fishing)
- Venetian Gardens (Park and garden)
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